Dash and Stellar Lumens are having a great time going Bullish in the Cryptocurrency Market

Dash is an alternative coin, and
it has been showing outstanding performance ever since the past month. It is expected for the price of Dash to cross
the 900 to 950 USD by 2020. The
short-term performance of Dash indicates a strong buy. Dash market is hitting the bull’s eye. At the
time of reporting the news, Dash was trading at $135.84.

Dash has been recently enjoying a
lot happening in its favor. Investors
have accepted Dash enthusiastically, and this has reflected on the price of
Dash a lot. Dash has been considered to be amazing because it provides for
cost-effective and speedy transactions. They
have a lot dedicated to the developmental side of the tokens. The privacy element of Dash is its unique
selling point. Dash ensures security by
providing bounties to those who voluntarily want to be a part of identifying
the bugs in the code.

Nearly 10% of the block rewards
are directed towards funding the projects that the users vote for. The security of Dash is made Robust by the
advanced encryption process. Dash has a
double tired network with incorporated master nodes. Users will be able to earn
money by incorporating master nodes. For
all these reasons, DASH is considered to be inherently valuable.

Stellar Lumens is biased towards
the bull. The price of Stellar Lumens is
likely to accelerate towards $0.1500.
The price of XLM tested the $1.350 resistance level, and it is currently
correcting the lower price level. The
bullish trend line provides for support at $0.1150. The price re-tested the resistance area and
formed a new yearly high at $0.1362.

The 4-hour-chart for Stellar
Lumens showed a bullish trend line with support seen at $0.1220. In cases where the price corrects at a lower
level, there is likely to be a bullish interest near the $0.1250 level. On a higher level, initial resistance is seen
at $0.1320. Closing at $0.1350 will set
the tone for gains at $0.1450 and $0.1500 levels.

The 4 hours MACD for XLM/USD is
coming down from its bullish slope. The
4-hours RSI is correcting lower at the 50 levels. Critical support levels are
seen at $0.1250 and $0.1220. The key
resistance levels are seen at $0.1320, $0.1350 and $0.1450.

At the time of reporting the
news, Stellar Lumens was trading at $0.13. Stellar is continuing to focus on
connecting banks, payment systems, and individuals in a reliable and quick
manner.

About The Author

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies.